Roma M Karp Foundation Inc

Organization Overview

Roma M Karp Foundation Inc is located in Riverhead, NY. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roma M Karp Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Roma M Karp Foundation Inc generated $311.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (47.0%) each year. All expenses for the organization totaled $425.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Roma M Karp Foundation Inc has awarded 48 individual grants totaling $1,140,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,658
Dividends & Interest $79,096
Net Rental Income$0
Net Gain on Sale of Assets $233,751
Capital Gain Net Income $62,546
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$3,129
Total Revenue $311,376

Grants Awarded

Over the last fiscal year, Roma M Karp Foundation Inc has awarded $390,000 in support to 12 organizations.

Grant RecipientAmount

CHILDREN'S HOPE ALLIANCE

Org PageRecipient Profile

Barium Springs, NC

PURPOSE: CHARITABLE

$60,000

FRIENDS OF AINE FOUNDATION

PURPOSE: CHARITABLE

$55,000

GLK FOUNDATION

PURPOSE: MEDICAL RESEARCH

$50,000

SUNY PLATTSBURGH

PURPOSE: EDUCATIONAL

$50,000

Wakefield, MA

PURPOSE: CHARITABLE

$40,000

CENTER FOR DISCOVERY INC

Org PageRecipient Profile

Harris, NY

PURPOSE: EDUCATION

$30,000
View Grant Profile

Peer Organizations

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